According to Huoxing Finance, Strategy’s Bitcoin reserves, as calculated by management, can cover 31 years of dividends, while its U.S. dollar reserves can cover 1.8 years of recent dividend obligations. Chaitanya Jain, Head of Bitcoin Products and Investors at Strategy, disclosed these figures on X. Documents filed with the U.S. Securities and Exchange Commission (SEC) show that Strategy’s U.S. dollar reserves amount to $3.225 billion. The company states that these reserves are used to pay preferred stock dividends and interest on outstanding debt. Strategy currently holds 843,775 BTC, acquired at a total cost of approximately $63.69 billion, with an average purchase price of $75,476. The company sold 2.73 million shares of MSTR, raising net proceeds of approximately $264 million. The filings indicate that Strategy did not issue preferred shares, conduct any stock buybacks, or purchase any Bitcoin during the week. Its most recent disclosed Bitcoin purchase occurred on June 22.
The strategy holds 843,775 BTC, sufficient to cover 31 years of dividends.
MarsBitShare
Summary
The strategy’s Bitcoin holdings of 843,775 BTC, valued at $63.69 billion, provide a strong risk-to-reward ratio, covering 31 years of dividends. USD reserves of $3.225 billion support 1.8 years of obligations. Chaitanya Jain shared this update on X. The firm sold 27.3 million MSTR shares for $264 million. No new Bitcoin purchases or stock buybacks occurred last week; the last Bitcoin purchase was on June 22. Current price levels indicate key support and resistance zones for traders to monitor.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.